Married couple’s allowance (MCA)
(relief given at 10%)
Either partner born before 6 April 1935
- minimum amount
- income limit

£8,950

£3,450
£29,600

£8,695

£3,360
£28,900

Blind person's allowance

£2,450

£2,390

Scottish income tax rates and bands

Savings and dividend income are taxed using UK rates and bands.

2019/20

2018/19

Rates and bands for 2019/20 will be announced in the Scottish Budget

Band £

Rate %

0 - 2,000

19

2,001 - 12,150

20

12,151 - 31,580

21

31,581 - 150,000

41

Over 150,000

46

Welsh income tax rates

From 6 April 2019, the UK government will reduce the basic, higher and additional rates of income tax paid by Welsh taxpayers by 10%, and three Welsh rates of income tax will then be added to the reduced UK rates. The Welsh government proposes to set the first Welsh rates at 10%.

Individual Savings Accounts (ISAs)

Individuals can invest in any combination of cash or stocks and shares up to the overall annual ISA subscription limit. However, a saver may only pay into a maximum of one Cash ISA, one Stocks and Shares ISA, one Innovative Finance ISA and one Lifetime ISA. The overall investment limit for 2019/20 is £20,000 (£4,368 for junior accounts).

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